EDPR at a Glance

FY23 Results & Updates 2023 performance penalized by short-term headwinds, namely delays in Colombia and US, low wind resources and windfall energy taxes in Europe edp Renewables Recovery in 2024 Low wind resources 2023 €178m less wind • US solar projects delays on supply chain issues €51m PPA cost Clawback Taxes in Europe • 2023 generation penalized by El Niño weather event, namely in US El Niño continuing to impact early 2024, predicted revert throughout 2024 • No additional costs with PPA commitments expected in 2024 • · ~70% of equipment already delivered to our US solar projects 2024 installations Gradual ramp up over 2024 of US solar capacity additions and generation volumes • Poland: no clawback tax in 2024 €106m • Romania: still imply a non-cash impact from unwinding hedges . Spain: reintroduction of 7% tax on generation revenues in 2024 (~€15m cost) Colombia 0.5 GW wind projects delay €179m impairment • Non-cash impairment driven by Alpha & Beta projects delays • €53m PPA cost PPA: Ongoing renegotiation with offtakers as well as arbitration Transmission line environmental permit expected in 2H24 31

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